IBM

IBM manufactures and markets computer hardware and enterprise software, offers infrastructure, hosting and consulting services. Read more

1,239,052 Followers on Owler
1,239,052 Followers on Owler
1,239,052 Followers on Owler
1,239,052 Followers on Owler

IBM

IBM manufactures and markets computer hardware and enterprise software, offers infrastructure, hosting and consulting services. Read more

Arvind Krishna's photo - Chairman & CEO of IBM

Chairman & CEO

Arvind Krishna

CEO Approval Rating

64/100

Founded:

1911

Status:

PublicIndependent CompanyNYSEIBM

IBM TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Accenture is perceived as one of IBM's biggest rivals. Accenture is headquartered in Dublin, County Dublin, and was founded in 1989. Like IBM, Accenture also operates in the IT Services industry. Accenture generates 62% the revenue of IBM.

Capgemini is one of IBM's top competitors. Capgemini is a Public company that was founded in 1967 in Paris, Île-de-France. Like IBM, Capgemini also operates in the IT Services field. Compared to IBM, Capgemini has 80,800 fewer employees.

DXC has been one of IBM's top competitors. DXC was founded in 2017 in Tysons, Virginia. Like IBM, DXC also works within the IT Services field. DXC generates $55.5B less revenue than IBM.

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IBM Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$73.6B

IBM's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 62.5B. Over the last four quarters, IBM's revenue has grown by 15.9%. Specifically, in Q4 2020's revenue was $20.4B; in Q3 2020, it was $17.6B; in Q2 2020, it was $18.1B; in Q1 2020, IBM's revenue was $17.6B.

IBM Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Cognitive Technology Ltd.

Apr 2021

Source »
undisclosed
MyInvenio is an Italy-based AI platform developer that offers business process automation, task mining, analytics and related solutions for enterprises.
Turbonomic

Apr 2021

Source »
$1.5B
Turbonomic is a Massachusetts-based SaaS platform that offers solutions such as cloud optimization, network performance and application resource management for enterprises.
Taos Mountain, LLC

Jan 2021

Source »
undisclosed
Taos is an IT consulting firm that offers cloud architecture, migration, networking and managed services for businesses.
7Summits, LLC

Jan 2021

Source »
undisclosed
7Summits is a salesforce digital consultancy that offers community management, implementation and analytics services for businesses.
Expertus Technologies, Inc.

Dec 2020

Source »
undisclosed
Expertus is a fintech company that provides treasury management, security and digital payment processing solutions for financial institutions.

These are all the companies that IBM has acquired. IBM has acquired 179 companies and its latest acquisition was Cognitive Technology Ltd. in Apr 2021. MyInvenio is an Italy-based AI platform developer that offers business process automation, task mining, analytics and related solutions for enterprises.

IBM Funding History

Since IBM was founded in 1911, it has participated in 1 round of funding. In total IBM has raised $2.5B. IBM's funding round was on Jul 2020 for a total of $2.5B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jul 2020
$2.5B
-

Since IBM was founded in 1911, it has participated in 1 round of funding. In total IBM has raised $2.5B. IBM's funding round was on Jul 2020 for a total of $2.5B

IBM Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

PionerasDev is a non-profit organization that offers coding and web programming mentorship programs for women.
$50K
Jul 26, 2020
Grant
-
we.trade develops a blockchain-based platform that digitizes trade finance processes for banks and businesses.
-
May 20, 2020
Corporate Round
-
Lightbend develops a cloud-based platform that offers application development and real-time data streaming solutions for businesses.
$25M
Mar 08, 2020
Equity
-
CQC develops a cloud-based platform that provides quantum computing solutions for commercial and defense sectors.
-
Feb 10, 2020
Equity
-
Apttus is a provider of revenue management solutions for energy, financial, healthcare, and entertainment industries.
$55.2M
Sep 07, 2017
Series E
-

These are all the companies that IBM has invested in. IBM has invested 179 companies and its latest investment was Cognitive Technology Ltd. in Apr 2021. MyInvenio is an Italy-based AI platform developer that offers business process automation, task mining, analytics and related solutions for enterprises.

IBM News

May 7, 2021StorageNewsletter

IBM Storage Networking b-type Gen7 Switches and Directors From Brocade

IBM Storage Networking b-type Gen7 switches and directors offer additional features Technology is evo... See more »
May 7, 2021International Business Times

IBM Says Its Fingernail-Sized Microchip Is World's Smallest And Most Powerful

IBM has announced that it has created the world's first 2-nanometer chip. The tech giant claims the m... See more »
May 7, 2021Electronic Payments International

IBM unveils "2nm" semiconductor tech

IBM has unveiled 2-nanometer chip technology that the tech giant says will provide performance and en... See more »
May 7, 2021Ars Technicia

IBM creates the world's first 2 nm chip

IBM's new 2 nm process offers transistor density similar to TSMC's next-gen 3 nm.... See more »
May 7, 2021News Break

IBM's 50-billion transistor chip is tiny-and a huge breakthrough - News Break

IBM is heralding the return of Moore's Law-the idea that the power of microchips will double every tw... See more »
May 7, 2021Laughing Squid

IBM Selectric Typewriter Golf Ball Filmed in Slow Motion

The IBM Hursley Museum in Hamshire, England has captured slow motion footage showing how a classic IB... See more »
May 7, 2021Independent

IBM's new chip breakthrough may 'quadruple' phone battery life, company claims

New chip may fit 50 billion transistors in an area the size of a fingernail... See more »

IBM Blogs

October 26, 2016IBM Blog

18 OpenStack Cloud Vendors Successfully Complete Community Interop Challenge Issued by IBM Cloud

IBM today announced the results of the Interop Challenge, a cloud industry initiative aimed at demons... See more »
October 25, 2016IBM Blog

IBM Introduces New Watson Solutions for Professions

IBM today unveiled a series of new cognitive solutions intended for professionals in marketing, comme... See more »
October 25, 2016IBM Blog

IBM Powers MobileFirst for iOS Apps with Watson to Boost Decision Making for Professionals

IBM today announced it will empower professionals with the first-of-its-kind ability to combine enter... See more »
October 25, 2016IBM Blog

The Weather Channel Launches Bot For Facebook Messenger, Powered By IBM Watson

The Weather Company, an IBM Business announced today that The Weather Channel has launched a cognitiv... See more »
October 20, 2016IBM Blog

Report: IBM Global Business Services Ranked #1 in Thought Leadership

IBM announced today that for the fifth time, its consulting organization was named the industry's top... See more »
October 19, 2016IBM Blog

The Weather Company Launches its Signature WEATHERfx Ad-targeting Platform in Germany with BurdaForward

Together with BurdaForward and launch partner GlaxoSmithKline (GSK), The Weather Company, an IBM Busi... See more »

IBM Press Releases

March 22, 2021CSRwire

IBM Introduces $3 Million in Cybersecurity Grants for Public Schools in United States as Attacks on Education Grow

IBM (NYSE: IBM) recently announced in-kind grants valued at $3 million to help strengthen cybersecuri... See more »
March 15, 2021CSRwire

IBM Enters Second Phase of NIH Contract for Development of Verifiable Health Status Reporting and Contact Tracing

IBM (NYSE: IBM) today announced that it has been awarded the second phase of the Digital Health Solut... See more »
March 11, 2021CSRwire

Moderna and IBM Plan to Collaborate on COVID-19 Vaccine Supply Chain and Distribution Data Sharing

Moderna (Nasdaq: MRNA) and IBM (NYSE: IBM) have recently announced their intentions to explore techno... See more »
March 5, 2021PRWeb

Total Resource Management Positioned as Leading IBM MAS SaaS Provider

Total Resource Management's investment in IBM Maximo Application Suite V8 (IBM MAS 8) expands TRM's p... See more »
March 3, 2021PRWeb

RIT's Global Cybersecurity Institute receives gift from IBM to enhance workforce development

IBM is making a more than $3.3 million in-kind donation to Rochester Institute of Technology to help ... See more »
February 22, 2021PR Newswire

TSU joins nation's first quantum education and research initiative through partnership with tech giant IBM

NASHVILLE, Tenn., Feb. 22, 2021 /PRNewswire/ -- Tennessee State University says it looks forward to s... See more »
February 17, 2021Gamasutra

British Esports Association collaborates with IBM and industry specialists to create a safer esports space for young people

Working together to create a "safer eSports space for young people".... See more »

IBM Videos

Social Media

IBM Headquarters

1 New Orchard Road

Armonk, New York10504-1722

1-914-499-1900

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IBM Summary

ABOUT

Overview

IBM (NYSE: IBM) is a multinational technology corporation founded by Charles Ranlett Flint in 1911 and headquartered in Armonk, New York. IBM employs more than 380,000 employees and produces $80B USD in annual revenue. IBM’s product line consists of p...

CEO

IBM's Chairman & CEO, Arvind Krishna, currently has an approval rating of 64%. IBM's primary competitors are Accenture, Capgemini & DXC.

Website

ibm.com

Frequently Asked Questions about IBM

  1. When was IBM founded?

    IBM was founded in 1911
  2. Who is IBM's CEO?

    IBM's CEO is Arvind Krishna
  3. How much revenue does IBM generate?

    IBM generates $73.6B in revenue
  4. How much funding does IBM have?

    IBM has historically raised $2.5B in funding
  5. Where is IBM's headquarters?

    IBM's headquarters is in Armonk New York, USA
  1. How many employees does IBM have?

    IBM has 350,600 employees
  2. What sector does IBM operate in?

    IBM is in IT Services, IT Consulting, Internet Software
  3. Who are IBM's competitors?

    IBM's top competitors are Accenture, Capgemini, DXC
  4. Who has IBM invested in?

    IBM's has invested in companies such as PionerasDev, we.trade, Lightbend